What We Look For In An Investment

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Waterfield has been investing its capital alongside client capital for nearly 100 years, and has acquires operations in the banking and investment area dating back to 1887. Waterfield fundamentally adheres to the principles laid out by Graham & Dodd, commonly referred to as “value investing.”

Waterfield investments typically have the following qualities:

Companies with Revenue and Earnings.

Waterfield does not invest in pre-revenue companies or pro-forma earnings power. Some companies in which we have purchased an interest are small, but all of them have revenue and earnings, most for at least 3 years. If you are a broker or a seller, and you would like to pitch such a position, please email a 5 sentence pitch to: rrw@waterfield.com. Pitches more than 5 sentences will not be read.

Distress Sales.

Waterfield does purchase companies in distress, however, there must be a clear path to recovery. If you are a broker or a seller, and you would like to pitch such a position, please email a 5 sentence pitch to: jrw@waterfield.com. Pitches more than 5 sentences will not be read.

Industry.

Waterfield purchases companies in a wide variety of industries, including but not limited to: hedge funds, private equity funds, principal investment areas, investment companies, asset management companies, banks, financials, technology (especially financial technology), Casinos, distressed commercial real estate, distressed commercial real estate loan pools, land, healthy commercial real estate in Southern California, New York, Miami, Panama, Zurich, and Indianapolis, New York City Restaurants, Northern Indiana farmland, Wyoming ranches. If you are a broker or a seller, and you would like to pitch such a position, please email a 5 sentence pitch to: jrw@waterfield.com. Pitches more than 5 sentences will not be read.

Hedge Funds.

Waterfield invests in mature hedge funds of all sizes and shapes as long as the manager(s) have a significant personal investment in the fund. If you are a broker, and you would like to pitch such a position, please email a 5 sentence pitch to: jrw@waterfield.com. Pitches more than 5 sentences will not be read.

Private Equity Funds.

Waterfield invests in mature private equity funds of all sizes and shapes as long as the manager(s) have a significant personal investment in the fund. If you are a broker, and you would like to pitch such a position, please email a 5 sentence pitch to: jrw@waterfield.com. Pitches more than 5 sentences will not be read.

Single Stock Positions.

Waterfield will invest in public companies at 8 x earnings or less with strong balance sheets and long term value characteristics. If you are a broker, and you would like to pitch such a position, please email a 5 sentence pitch to: jrw@waterfield.com. Pitches more than 5 sentences will not be read.

A LEGACY OF TRUST.

Waterfield has been serving the American financial consumer since 1928. Waterfield has acquired operations dating back to 1887.